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Search results for: GST regime

Exemptions Under VAT And Excise May Get Trimmed Ahead of GST

The Goods and service tax has an overall importance in the economic corridors, as such compatibility with the reformation and implementation is required at the most will. The delay is inevitable in this case as the reform is much bigger than assumed but the impact will certainly cause positive vibes throughout the nation.

GST: 90 Percent Duty Return For Exporters Within 7 Days

After the plea of commerce and Industry minister Nirmala Sitharaman on the issue of exporters, refund duty which takes a long time than normal has been considered in view of traders blocked revenue for investments. The issue was raised in the eighth meeting of the GST council while the quick reaction of the request is what takes an attention.

Indian Government Initiatives for GST Training Of Officials

The talks about GST implementations is increasing as the next financial year is getting closer. As we know this act shall subsume all other indirect taxes like Value added tax, Central sales tax, Service tax, Countervailing duty, Special Countervailing duty, Octroi, Entertainment Tax, Entry Tax, Purchase Tax, Luxury Tax, Advertisement Tax, Taxes applicable on lotteries etc.

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